Google for Startups leads $1.4 million investment in Nigeria’s Platos Health
- The global medical device market is projected to grow from $678.88 billion in 2025 to over $1.1 trillion by 2034.
- Platos Health, a Nigerian startup, has raised $1.4 million in pre-seed funding to scale its health monitoring platform.
- The funding round was led by Google for Startups and Invest International, with participation from angel investors from companies like Google and Tesla.
The emergence of Platos Health represents a significant opportunity for innovation in the Nigerian healthcare sector, particularly in addressing the gaps in access to preventive care. However, the challenge remains in scaling operations and competing with established global players in a market that is rapidly evolving.
